Solana Launches another Enormous Blockchain Update
Solana Labs’ co-founder (the entity responsible for constructing the blockchain named Solana), Anatoly Yakovenko, pushed the validators of the venue to update to the latest node version. He encouraged the validators to come to the new version which is 1.13.5. As per the co-founder, the respective update should eliminate the entirety of the outages on the Solana network which are caused on the behalf of the overloads based on UDP protocols.
Solana Founder Issues a Huge Blockchain Update, Pushing Validators to Avail It
Yakovenko moved to his official account on Twitter to share the respective news with the entirety of the network validators. Formerly, lengthy shutdowns have been caused due to this issue on the Solana network. As pointed out by Solscan, the biggest validators existing in the network of Solana have still not upgraded. Just 44.53% of the entire number of validators have availed of the update of the exclusive version of Solana.
Related: Solana Makes Key Announcements at Breakpoint 2022
Notwithstanding the significant update, the community of cryptocurrency still possesses several questions regarding the performance of Solana in the form of a blockchain. Many questions have been raised by the node blockage on the behalf of the big data servers, prolonged outages, the centralized storage, as well as the thing that Yakovenko himself requires to push the validators to have the latest update. This, in turn, decreases the distrust of people on the blockchain to a further extent.
The Present State of the Network Shows Some Positive and Negative Indications Simultaneously after FTX Collapse
Previously, a snap of the Solana network’s current state had been published on the behalf of the project team. This move has been carried out to demonstrate that the operations being done on the platform are transparent. This is taking place at the moment when the majority of consumers are apprehensive regarding the potential consequences of the epic collapse of the crypto exchange FTX. As per the presented statistics, the average sum of transfers in each second stands at approximately 2,000 at present.
Apart from that, the regular block time also shows an improvement as it has currently reached nearly 0.5 milliseconds. On the other hand, a significant reduction has taken place in network operations, which is another pessimistic sign. This is replicated in the sum of programs that are being utilized on the regular basis.
